$299,000
( $41.34Per Sq Foot )
 $1,698 est/mo Sourced by Back At You

721 River Drive,Irvine, KY 40336

Irvine, KY 40336

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Description

Opportunity Knocks! Start or expand your rental portfolio with a property currently generating approximately $3,300 per month in rental income! If you've always wanted to own an investment property, start your own business, or create a multi-tenant commercial space, this could be the opportunity you've been waiting for. Offering approximately 7,232 square feet of showroom, office, workshop, and living space, this versatile property provides numerous possibilities. The large apartment and rented free-standing building provide an established foundation for rental income, with additional space that could potentially be leased to businesses or adapted for other uses. Located along KY Highway 52 with highway and railroad exposure, the property is positioned near the growing Kentucky Steam Heritage Corporation development. Kentucky Steam is bringing scenic train excursions, concerts, special events, and tourism activity to the areaadding another exciting dimension to this location. Investment property, rental income, business space, or a combination of all three, the possibilities are here!

Details

MLS #26021862
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year9999
Days On Site45
Listing Provided ByJoyce Marcum Realty | James Woolery

Features

SQ Feet7,232
Acreage0.20

Area Information

StateKY
CountyEstill
CityIrvine
Zip Code40336
Area020 Estill County
SubareaEstill County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$299,000
low | high
Med:
$79,000
100% of Average
sqft:
7,232
low | high
Med:
2,736
100% of Average
$ / sqft:
$41
low | high
Med:
$29
80.16096540124% of Average
On site:
45
low | high
Med:
78
57.692307692308% of Average
Sourced by Back At You

Market Activity 40336

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Learn More About This Property

David Walker

David Walker

Coldwell Banker McMahan

72459Certified Relocation Professional, Certified Relocation Residential Specialist, Military Network Specialist, Referral and Relocation Certification (502) 387-6807walkerkyhomes@gmail.com
StateKY
CountyEstill
CityIrvine
Zip Code40336
Area020 Estill County
SubareaEstill County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$299,000
low | high
Med:
$79,000
100% of Average
sqft:
7,232
low | high
Med:
2,736
100% of Average
$ / sqft:
$41
low | high
Med:
$29
80.16096540124% of Average
On site:
45
low | high
Med:
78
57.692307692308% of Average
Sourced by Back At You
Listing Updated: August 14, 2026 at 2:38:26 PM PDT

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Coldwell Banker McMahan
297 N. Hubbards Lane #104
Louisville, KY 40207
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© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.


The information is being provided by Greater Louisville MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Greater Louisville MLS. All Rights Reserved.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Kentucky Board of REALTORS.
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